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Wednesday, January 4, 2012

Advance (AAP) (RPTP) (WPX) (ZNGA) (CLVS) (CMED) Get New Coverage

Advance Auto Parts, Inc. (NYSE: AAP), Raptor Pharmaceutical Corp. (NASDAQ: RPTP), WPX ENERGY Inc. (NYSE: WPX), Zynga Inc. (NASDAQ: ZNGA), Clovis Oncology Inc. (NASDAQ: CLVS) and China Medical Technologies, Inc. (NASDAQ: CMED) getting new coverage from analysts.

Deutsche Bank (NYSE:DB) initiated coverage on Advance Auto Parts, Inc. (AAP). They placed a “Buy” rating on the company.

Leerink initiated coverage on Raptor Pharmaceutical Corp. (RPTP). They placed an “Outperform” rating on the company.

Barclays Capital (NYSE:BCS) initiated coverage on WPX ENERGY Inc. (WPX). They placed an “Overweight” rating on the company.

BMO Capital Markets initiated coverage on Zynga Inc. (ZNGA). They placed a “Market Perform” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Clovis Oncology Inc. (CLVS). They placed an “Overweight” rating on the company.

Barclays Capital initiated coverage on China Medical Technologies, Inc. (CMED). They placed an “Overweight” rating on the company.

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